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16 June 2012

Springfield's future vision

An artist’s impression of the completed Gateway CBD at Springfield Central.

THIS could be the future of Springfield.

The Springfield Land Corporation's vision of what the Springfield CBD could one day look like as been released.

While there is no application for the development of the tower, the artist's impression shows what the corporation is hoping Springfield will be as development continues.

With Springfield celebrating two decades since its foundation, the Springfield Land Corporation has moved to fast-track its ongoing development with the appointment of independent financial advisers Rothschild.

Earlier this month plans were announced to see a South Bank-styled park built as part of the second stage of the Robelle Domain Parklands.

The Orion Shopping Centre has also announced an expansion and the much-anticipated Springfield Central train station is set to be completed next year.

Springfield Land Corporation chairman Maha Sinnathamby said Rothschild will look at ways to keep development moving.

"A lot has changed since we started turning this timber plantation into an internationally award-winning master planned community and the time is right to plan for the next 20 years," he said.

"Rothschild has been engaged to look at a full range of options to ensure the vision of a world-class city built with health, education and IT as its cornerstones is maintained.

"Sound financial management, and the flexibility that comes from having maintained low levels of gearing, has contributed to both local and global development partners demonstrating interest in working with SLC to progress the project and build on its existing strengths.

"Choosing the right options for Greater Springfield, its residents, tenants and business partners is very important to this project, which has been unanimously approved by an Act of Queensland Parliament."

Mr Sinnathamby said the development of Springfield was in a good position to capitalise on the booming population of the south-east.

"We want to build on the momentum created over the past 20 years and develop the city to reach a population of 105,000 well before 2030," he said.

"According to SEQ's Regional Plan, by 2031, an extra 754,000 dwellings will be required in south-east Queensland, as Queensland's population is forecast to increase from 2.8 million to 4.4 million."

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